Effect of Government Accounting Reforms on Financial Performance of Imo Air Enterprises in Nigeria

Okeke; Onyekachi N.; Akagbobi; Tochukwu N.

doi:10.56201/jafm.vol.11.no12.2025.pg141.154

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Effect of Government Accounting Reforms on Financial Performance of Imo Air Enterprises in Nigeria

Okeke, Onyekachi N. and Akagbobi, Tochukwu N.

Abstract

The study determined the effect of Government Accounting Reforms on Financial Performance of State-Owned (Imo Air) Enterprises in Nigeria. Specifically, the study sought to determine the effect of Government Integrated Financial Management Information System on financial performance of the State-Owned Enterprises in Nigeria, and ascertain the effect of Chart of Accounts Harmonization reform on state Owned Enterprise performance. This study employed an ex-post-facto research design. Data were obtained from the audited annual corporative reports, Annual financial statements of the enterprises, Public Accounts Committee Reports, Central Bank of Nigeria (CBN) Statistical Bulletins from 2012 to 2024. The findings show that GIFMIS contributes meaningfully to variations in financial performance among the enterprises studied. The study also clearly indicated that this reform plays a meaningful role in influencing financial outcomes among State-Owned Enterprises.

Keywords

Government Accounting ReformsFinancial PerformanceImo Air Enterprises

References

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Effect of Government Accounting Reforms on Financial Performance of Imo Air Enterprises in Nigeria

Abstract

Keywords

References

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